Google street view image for 7224 NE Broadway, Portland, OR 97213

Off Market May 2019 for $573K

$704,230

Est. refi paymentEst. refi $3,642/mo

•

3 ba

•

3,944

sq ft

7224 NE Broadway, Portland, OR 97213

About this home

Great plug n' play investment opportunity. Mid Century brick Tri-Plex in Montavilla. Tenant occupied and professionally managed for 10+ years. Units include two, 2 bed 1 bath & one 1 bed 1 bath. This building pre-tax NETS $34,245 a year. Financials and rent roll available. Interiors are in good shape. Each unit has its own basement with laundry and generous storage. One garage per unit with off street parking. One block from bus lines.

Multi-familyProperty Type

1957Year Built

$179Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Adrian Olmstead • The Hasson Company

Bought with Megan Kavanaugh • RE/MAX Equity Group

Redfin checked: 2 minutes ago

•Source:RMLS #19496053

Redfin Estimate

$704,230

$131K since sold in May 2019$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20% higher than the average sale price ($587K) of 6 comparable homes.

SOLD JUN 24, 2026
$597,000
A
4 beds2 baths2,348 sq ft
1206 NE 75th Ave, Portland, OR 97213
SOLD APR 10, 2026
$365,000
B
3 beds3 baths2,237 sq ft
1536 NE 77th Ave, Portland, OR 97213
SOLD MAY 20, 2026
$631,000
C
4 beds2 baths2,738 sq ft
1020 NE 71st Ave, Portland, OR 97213
SOLD APR 6, 2026
$485,000
D
4 beds2 baths1,632 sq ft
1643 NE 74th Ave, Portland, OR 97213
SOLD MAR 12, 2026
$725,000
E
4 beds3 baths2,906 sq ft
6805 NE Multnomah St, Portland, OR 97213
SOLD AUG 20, 2026
$718,000
F
4 beds2 baths2,477 sq ft
1801 NE 65th Ave, Portland, OR 97213

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Earn from this home

Sell

$270,722

Est. take-home

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Est. cash available

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Market trends in Montavilla, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.2%

0.4% MoM

Median sale price

$474K

$4K MoM

Avg. days on market

2 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SAT, 12PM TO 2PM
$299,900
2 beds3 baths933 sq ft
7550 NE Morris St, Portland, OR 97213
Scott Edelman • Think Real Estate
NEW 25 HRS AGO
$569,500
2 beds1 bath1,546 sq ft
3405 NE 46th Ave, Portland, OR 97213
Chad Meier • Living Room Realty
$579,000
3 beds2 baths2,139 sq ft
520 NE 56th Ave, Portland, OR 97213
Kevin Baron • Kelly Right Real Estate of Portland, LLC
$699,000
3 beds3 baths2,725 sq ft
516 NE 56th Ave, Portland, OR 97213
Kevin Baron • Kelly Right Real Estate of Portland, LLC
$699,000
3 beds3 baths2,720 sq ft
512 NE 56th Ave, Portland, OR 97213
Kevin Baron • Kelly Right Real Estate of Portland, LLC
$699,000
3 beds3 baths2,554 sq ft
508 NE 56th Ave, Portland, OR 97213
Kevin Baron • Kelly Right Real Estate of Portland, LLC
OPEN SAT, 12PM TO 2PM
$750,000
3 beds2 baths2,264 sq ft
1833 NE 48th Ave, Portland, OR 97213
Heather Lamkins • Think Real Estate
$535,000
4 beds3 baths1,550 sq ft
6318 NE Hassalo St, Portland, OR 97213
Jules Fedota • Windermere Realty Trust
$410,000
3 beds3 baths1,450 sq ft
360 NE 78th Ave, Portland, OR 97213
Jenson Sarr • Living Room Realty
See all

Provided by Redfin

Sale history for 7224 NE Broadway

** Price available after signing in.

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Tax history for 7224 NE Broadway

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,270 Sq. Ft.

Year renovated

1957

Sq. Ft.

2,344

Year built

1957

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R193915

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Garage, Off Site
Parking Total: 3

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Storage: Basement, Garage(s)
Basement: Full Basement

Multi Unit Information
# Of Units Total: 3

Unit Information
Unit Type: 1, 2, 3

Unit Type 1 Information
Actual Rent: $1,250
Area: 653
Baths Total: 1
Beds Total: 1
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,250
Area: 881
BathsTotal: 1
Beds Total: 2
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Units Total: 1

Unit Type 3 Information
Actual Rent: $1,295
Area: 851
Baths Total: 1
Beds Total: 2
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Shingle
Exterior Description: Brick

Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level
Parcel Number: R193915

Property Information
Property Type: Multi Family
Property Attached YN: No
View YN: No

Building Information
Year Built: 1957
Building Area Total: 3,944

Financial

Tax Information
Tax Year: 2017
Tax Legal Description: JONESMORE, BLOCK 33, W 57' OF LOT 21-24
Tax Annual Amount: $6,046.20

Lease / Rent Information
CAP Rate: 4.73
Gross Rent Multiplier: 14.12

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Oil
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No

Location

School Information
Elementary School: Vestal
Middle Or Junior School: Vestal
High School: Madison

Location Information
Directions: 72nd and Broadway. East on Halsey South on 72nd to Broadway.
Unparsed Address: 7224 NE BROADWAY, Portland, OR 97213

Community Information
Zoning: R-2

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,344
Stories: 1.0
Lot Size: 5,270 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1957
Year Renovated: 1957
County: Multnomah County
APN: R193915

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Vestal Elementary School

Public K-5 • Assigned • 0.8mi

8/10

Harrison Park School

Public 6-8 • Assigned • 2.1mi

9/10

Leodis V. McDaniel High School

Public 9-12 • Assigned • 0.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 91° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97213

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$670,000 – $810,000

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Nearby similar homes

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Jeff Capen • Windermere Realty Trust

New listings for sale in 97213

OPEN SAT, 12PM TO 2PM

$299,900

2 beds3 baths933 sq ft

7550 NE Morris St, Portland, OR 97213

Scott Edelman • Think Real Estate

NEW 25 HRS AGOVIDEO TOUR

$569,500

2 beds1 bath1,546 sq ft

3405 NE 46th Ave, Portland, OR 97213

Chad Meier • Living Room Realty

$579,000

3 beds2 baths2,139 sq ft

520 NE 56th Ave, Portland, OR 97213

Kevin Baron • Kelly Right Real Estate of Portland, LLC

$699,000

3 beds3 baths2,725 sq ft

516 NE 56th Ave, Portland, OR 97213

Kevin Baron • Kelly Right Real Estate of Portland, LLC

$699,000

3 beds3 baths2,720 sq ft

512 NE 56th Ave, Portland, OR 97213

Kevin Baron • Kelly Right Real Estate of Portland, LLC

$699,000

3 beds3 baths2,554 sq ft

508 NE 56th Ave, Portland, OR 97213

Kevin Baron • Kelly Right Real Estate of Portland, LLC

OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

$750,000

3 beds2 baths2,264 sq ft

1833 NE 48th Ave, Portland, OR 97213

Heather Lamkins • Think Real Estate

$535,000

4 beds3 baths1,550 sq ft

6318 NE Hassalo St, Portland, OR 97213

Jules Fedota • Windermere Realty Trust

$410,000

3 beds3 baths1,450 sq ft

360 NE 78th Ave, Portland, OR 97213

Jenson Sarr • Living Room Realty

Home values near 7224 NE Broadway

Data from public records.

Address	Redfin Estimate
7234 Northeast Broadway, Portland, OR 5 Beds \| 3 Baths \| 3023 Sq. Ft.	$656,465
1616 Northeast 73rd Ave, Portland, OR 2 Beds \| 2 Baths \| 1187 Sq. Ft.	$459,778

Address	Redfin Estimate
7314 Northeast Broadway, Portland, OR 6 Beds \| 5 Baths \| 3024 Sq. Ft.	$719,404
1611 Northeast 74th Ave, Portland, OR 4 Beds \| 2 Baths \| 1586 Sq. Ft.	$527,452

Address	Redfin Estimate
7230 Northeast Broadway, Portland, OR - Beds \| - Baths \| - Sq. Ft.	$631,888
1640 Northeast 73rd Ave, Portland, OR 3 Beds \| 1.5 Baths \| 1467 Sq. Ft.	$430,311

Property information provided by RMLS when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Montavilla, OR

Sale history for 7224 NE Broadway

Tax history for 7224 NE Broadway

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97213

Home values near 7224 NE Broadway

More real estate resources